Silver North Resources Launches 2025 Exploration Program at Haldane Silver Property

The latest update is out from Alianza Minerals ( (TSE:SNAG) ).

Silver North Resources Ltd. has commenced its 2025 exploration program at the Haldane Silver Property, located in the Keno Hill Silver District, Yukon. The program involves drilling ten holes to expand on last year’s Main Fault discovery, targeting high-grade silver-lead-zinc mineralization. The initiative aims to enhance the company’s resource base and strengthen its position in the silver mining industry. The program is expected to conclude by the end of October, with potential implications for stakeholders in terms of resource expansion and operational growth.

Spark’s Take on TSE:SNAG Stock

According to Spark, TipRanks’ AI Analyst, TSE:SNAG is a Neutral.

Alianza Minerals is significantly challenged by financial weaknesses, including no revenue and continuous losses, overshadowing its debt-free balance sheet. Despite positive technical indicators, the poor valuation and reliance on external funding limit the stock’s overall attractiveness. Strategic efforts and project developments are crucial to improving its financial health and investor appeal.

To see Spark’s full report on TSE:SNAG stock, click here.

More about Alianza Minerals

Silver North Resources Ltd. is a mining company primarily focused on silver exploration and development. Its key assets include the 100% owned Haldane Silver Project in the historic Keno Hill Silver District, Yukon, and the Tim Silver Project in the Silvertip/Midway District, BC and Yukon, which is under option to Coeur Mining, Inc. The company aims to acquire additional silver properties in favorable jurisdictions and is listed on the TSX Venture Exchange under the symbol ‘SNAG’.

Average Trading Volume: 176,422

Technical Sentiment Signal: Buy

Current Market Cap: C$12.28M

Find detailed analytics on SNAG stock on TipRanks’ Stock Analysis page.